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by rfdub 3243 days ago
I live in Vancouver, can confirm. Maybe after a significant liquidity event or two pumps some capital into the local ecosystem, but at present there are few (if any) world class tech companies here and despite the incredibly high and fast rising cost of living, wages are actually the lowest of any major Canadian city. Sure its a desirable place to live, but few world class talents are going to relocate here to work for second or third tier companies, for 50% less than they'd make in other markets, when a 30% more of their salary will be going to housing costs. Vancouver is a real-estate city, not a tech city and likely always will be.
1 comments

I think there are a few like Arista Networks, Facebook and Amazon. You might make 80k+ and spend 15k on housing and the general cost of living is still lower than SF. Just yesterday I meant some SF based founders come visit because of tax credit incentives, lower labour costs, COL, etc.